Genesis Electronics Group Inc (GEGI)

[Greed Kills]

The facts for YEARS at GEGI are that Purdon has engaged in at least for or 5 promoting various products from marijuana to solar chargers to gold mines (once in Nevada once in Colombia). None of these promotions have ever resulted in a product. However each promotion always resulted in the same cycle. 1) issue shares to company owned by Purdon: 2) heavy promotion: 3) a run: 4) sell off: 5) crash.

It is undisputed Purdon is still involved here. Lattuca’s recent filing shows Purdon on all the emails. However, the cycle is over as Purdon can’t accomplish step one (issue new shares to a company owned by him). In fact, he can’t issue new shares at all. Without step one there is no promo because Purdon has no shares to sell at the run.

Some people say this is a scam. I am not saying that but it is simple common sense that Purdon has no incentive to run a promo if he can’t issue shares. Purdon’s Days of making money off this stock are over. And so are the promos and runs.